Business Segments · CapEx

Total Segment — CapEx

Cummins Total Segment — CapEx remained flat by 0.0% to $308.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $302.00M to $308.75M. Over 3 years (FY 2022 to FY 2025), Total Segment — CapEx shows an upward trend with a 10.5% CAGR.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2022
Last reportedQ4 2025

How to read this metric

Higher spending typically signals growth initiatives or capacity expansion, whereas lower spending may indicate a focus on cash preservation or a mature asset cycle.

Detailed definition

Capital expenditures represent the funds used by the segment to acquire, upgrade, and maintain physical assets such as p...

Peer comparison

A standard metric across all capital-intensive industries, used to assess reinvestment rates and future growth potential.

Metric ID: cmi_segment_total_segment_capital_expenditures

Historical Data

4 years
 FY'22FY'23FY'24FY'25
Value$916.00M$1.21B$1.21B$1.24B
YoY Change+32.4%-0.4%+2.2%
Range$916.00M$1.24B
CAGR+10.5%
Avg YoY Growth+11.4%
Median YoY Growth+2.2%

Frequently Asked Questions

What is Cummins's total segment — capex?
Cummins (CMI) reported total segment — capex of $308.75M in Q4 2025.
How has Cummins's total segment — capex changed year-over-year?
Cummins's total segment — capex increased by 2.2% year-over-year, from $302.00M to $308.75M.
What is the long-term trend for Cummins's total segment — capex?
Over 3 years (2022 to 2025), Cummins's total segment — capex has grown at a 10.5% compound annual growth rate (CAGR), from $916.00M to $1.24B.
What does total segment — capex mean?
The amount of money the segment spends on physical assets and infrastructure to support its operations.